(found via TechCrunch)
Check out this recitation of the doom and gloom of our current financial situation from the VC's viewpoint...
Sequoia Venture Capital Warning to CEOs - Get more Business Plans
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October 20, 2008
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Quoth she/he...
"The hallmark of revolution is that the goals of the revolutionaries cannot be contained by the institutional structure of the society they live in. As a result, either the revolutionaries are put down, or some of those institutions are transmogrified, replaced, or simply destroyed. We are plainly witnessing a restructuring of the music and newspaper businesses, but their suffering isn’t unique, it’s prophetic." --Clay Shirky
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